Adam Bonanno - Feb 16, 2024 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, Operations & Technology
Signature
/s/ Adam Bonanno
Stock symbol
ORRF
Transactions as of
Feb 16, 2024
Transactions value $
-$8,710
Form type
4
Date filed
2/20/2024, 04:32 PM
Previous filing
Feb 14, 2023
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$8.71K -315 -5.3% $27.65 5.63K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3.78K +67.03% $0.00 9.41K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3.78K +154.25% $0.00 6.22K Feb 16, 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 501 Feb 16, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-vested restricted stock with various vesting dates over the next three years
F2 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.